Showing posts with label winter GDP. Show all posts
Showing posts with label winter GDP. Show all posts
Sunday, May 17, 2015

The US winter of 2015 was not severe by any measure, so its unremarkable cold and snow can't be blamed for poor GDP

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Snow cover averaged 1.19% below the baseline since 1967 for the first quarter. For average temperature the first quarter ranked 95th...
Saturday, May 2, 2015

Bush's GDP in winter was 208% better than Obama's

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Bush's nominal GDP record in winter, quarterly change from 4Q to 1Q, recessions excluded, coldest to warmest: 2003: 1.2% 2004:...
Wednesday, April 29, 2015

Total crap: CNBC/Reuters blaming the weather for another GDP miss

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The story is here . Just how bad was the winter? Out of 69 winters in the post-war 2015 ranked 22nd worst for heating degree days, a...
Thursday, April 9, 2015

Winter 2015 temperatures were above average in the lower 48

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The first quarter of 2015 was a lot warmer than last year. For 2014 minimum temperature January through March ranked 25th going back...
Wednesday, April 1, 2015

Winter in Grand Rapids Michigan was 23% colder in 2014 than in 2015

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Grand Rapids, Michigan, was 3.2 degrees F below normal on average in March 2015, bringing the cumulative anomaly for the first three mon...
Monday, February 23, 2015

Great Lakes Ice Cover is 25% ahead of this time last year: a warning for GDP?

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Last year on this date the total ice cover was just 67%, when GDP was going negative supposedly because of the terrible winter we were h...
Sunday, January 4, 2015

"Steven Goddard" has a little fun with WaPo for Alaska temperature alarum

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Yeah, where are all the stories about last winter? All gone, down the memory hole. Here : "The US recorded [in 2014] the mos...
Thursday, October 30, 2014

3Q2014 GDP Advance Estimate comes in at 3.5%: Deliberately underreporting imports right before the election?

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The share contributed to GDP in today's report breaks down as follows: Personal consumption of goods and services: 34% Private d...
Sunday, August 17, 2014

German Bunds make history, yields fall below 1%, poor GDP blamed on MILD winter!

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Germany now joins Japan and Switzerland in the below 1% yield club. The rush into the safety of government bonds driving down yields is a si...
Wednesday, July 30, 2014

2Q2014 GDP comes in at 4% in first estimate, 1Q adjusted again in the comprehensive annual revision to -2.1%

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Reuters points out here that growth in the first half now comes to . . . 0.9%: "The economy grew 0.9 percent in the first half of this...
Friday, July 4, 2014

Presidents ranked by average jobs created Q1 to Q2 since the 1970s

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From total nonfarm not seasonally adjusted, average percentage achieved: 1. Clinton +2.22% 2. Reagan +2.07% 3. Bush 1  +1.69% (four years, a...
Tuesday, June 24, 2014

Consensus estimate for GDP has worsened to -1.7% from -1.6% at fxstreet

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Bob Brinker mentioned the consensus estimate for GDP this last weekend on his radio program Money Talk at -1.8%. fxstreet.com had had the co...
Monday, June 2, 2014

White House wants it both ways: blames bad GDP on harsh winter, credits good GDP on increased utilities consumption

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Doesn't utilities consumption go up because of bad winter weather, in which case bad winter weather is good for GDP, not bad? Fr...
Sunday, June 1, 2014

Obama's policies caused the GDP decline, not the winter

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From The Wall Street Journal, here : Gross domestic product decelerated to an annualized 1.2% in the January through March period--t...
Wednesday, May 28, 2014

Brian Wesbury sounds just like the regime: Dude, that bad GDP report was so two months ago

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Brian Wesbury, here : But regardless of which part of the GDP report accounts for the downward revision, the most important thing ...
Wednesday, February 19, 2014

Oops: Last Fall NOAA Predicted Above Normal Temps November Through January

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Reported here : Surprised by how tough this winter has been? You’re in good company: Last fall the Climate Prediction Center of the National...
Saturday, February 15, 2014

Obama Delays Global Warming Until 2016

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Seen here .